Tuesday News and Views
- Keith Black on why you don’t want to buy and hold commodities. Actually, you don’t want to buy and hold anything (via Abnormal Returns).
- Why young money managers underperform old money managers. Duh, could it have something to do with experience?
- All about the wind business. It’s just kind of hard to harness it.
- Redistribution of wealth? American’s hate it.
- Carolyn Baum says the Fed should stick with running policy and let somebody else communicate it. Probably a good idea.
- It’s demand, stupid! From Goldman Sachs:
“Current [oil] prices are supported by supply and demand fundamentals. The commodity markets are not behaving in a way that a speculative bubble would suggest.” - And how Tiger Woods and the New York Yankees would fare under Obama’s tax plan. Ouch! (via Instapundit).
